Axel Springer, KKR in talks to break up media empire: report

Axel Springer, KKR in talks to break up media empire: report

German billionaire Mathias Döpfner and private equity group KKR are negotiating a break-up of media conglomerate Axel Springer, the Financial Times reported Thursday, citing four people with knowledge of the matter. A potential deal would separate the group’s media assets from its digital classifieds operation, the report said. Under the terms of the separation, KKR and … Read more

Business Insider stands by reporting accusing Bill Ackman’s wife of plagiarism after review

Business Insider stands by reporting accusing Bill Ackman’s wife of plagiarism after review

Business Insider’s top executive and parent company said Sunday they were satisfied with the fairness and accuracy of stories that made plagiarism accusations against a former MIT professor who is married to a prominent critic of former Harvard President Claudine Gay. “We stand by Business Insider and its newsroom,” said a spokesman for Axel Springer, … Read more